Reported by: JACK DUTTON
Ukrainian “anti-oligarch” President Volodymyr Zelensky and his inner circle’s network of offshore companies were not exposed in Panama Papers but can be found in the Pandora Papers, another tranche of files leaked by journalists that revealed the clandestine financial affairs of the elite and super rich.
The Pandora Papers, published in October 2021, showed that Zelensky and his inner circle established a web of offshore companies in 2012. They show that the president and the partners in his television company, Kvartal 95, had offshore firms when they were making regular content for TV.
The Pandora Papers showed that two offshore companies belonging to Zelensky’s partners were used to buy three upmarket properties in central London.
The papers showed that weeks before he won the presidential vote, Zelensky gave his stake in the British Virgin Islands-registered Maltex Multicapital Corp. to his business partner, Serhiy Shefir, who would later become a top presidential aide.
However, the document shows that an arrangement would soon be made to allow the company to continue paying dividends to a company that belongs to Ukrainian first lady Olena Zelenska.
Read full report: https://www.newsweek.com/zelensky-panama-pandora-papers-offshore-companies-finances-1776124